BML 4.76% 10.0¢ boab metals limited

Ann: Project Manager Appointed for Sorby Hills Development, page-13

  1. 5,619 Posts.
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    Look at the market, look at volume today, look at the SP.

    It remains to be seen if we have a project that requires management, or that it is at a stage where Simon and our Chinese friends need a full time guy.

    We have a project already that is feasible.. why are our partners still wanting us to drill at our expense?

    The Sinic was just as bullish pre Sorby Hills when we just got Violin Gold project so i am calling him a perma bull .. although his insights may be correct about how amazing Sorby is, facts are the market is absolutely unconvinced.

    .. how high would our SP be if we never got Sorby and focused on Violin gold project.. Gold is outrageously bullish right now.. just the smell is igniting SP.

    This is my 4th year holding, i got into this for gold - liked management but have been frustrated for year due to the SP being so poor with no appreciation.

    Perhaps, instead of getting frustrated at me for not being overwhelmed with bullishness about this project, how about seeing the markets stance and thinking about what exactly it will take for a lit to be put under the SP..

    I might be wrong, just like the market definitely is... but i have nearly 8 million reasons to want this project to succeed, i am a massive silver bug. I dont quite see how we are going to go from a 13.9M MC to a producer.. and i am very imaginative.. IF they can pull out a BCN style self loaned from connotes or similar funding mechanism i predict a Disallowed. I am yet to see Simon pull off his power move but i promise you i will pay him is dews if he is to perform such a feat.

    I judge a tree by it's fruit. We have smoke but no fire.. and .06

    Lots of positiviety around ASX materials stocks this morning, seems like we are in a bull run, hopefully we get some exposure to the capital being thrown around the market as people pull out of real estate bubble and pile into the commodities bull run up.
 
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